The cost of poverty in Ontario

The Ontario Association of Food Banks has released an important and timely new report on the economic cost of poverty in Ontario. This is a first for Ontario and possibly for any Canadian jurisdiction, to put a price tag on the cost of poverty. The report finds that the economic cost of poverty in Ontario comes to $32 to $38 billion per year (5.5 to 6.6% of provincial GDP). The report emerges just a couple of weeks in advance of the highly anticipated release of the Ontario government's action strategy on poverty.

More Information

"The cost of ignoring poverty" - November 21, 2008, The Star